Farmland Values Fall in Much of Central
U.S.

Farmland values dropped across much of the U.S. Midwest in the fourth quarter, according to reports from the Federal Reserve on Thursday, a symptom of continued weakness in the agricultural sector fueled by several years of depressed crop prices.

Average farmland prices in the Federal Reserve Bank of Chicago’s district, which includes Illinois and Iowa, fell 3% from a year earlier and slipped 1% from the third quarter of 2015,...